Demand and volumepositive · 4 filings
“Cellular IoT was also strong, coming in at 66 million units, up 38% year-over-year, reflecting broad-based demand across connected devices.”10-Q · May 11, 2026 ↗
CEVA, Inc.
CEVA
Market read
CEVA, Inc.'s current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 9 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 11 directly disclosed connections are confirming.
Company+4.2% todayVolume comparison unavailable
Market group0 of 9 activeTechnology Tilt · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- CEVA's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if CEVA's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 9 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 11 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- CEVA's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations320
Usable filing statements63
Verified relationships12
Evidence supporting the case
- Demand and volume has repeated favorable evidence across 4 filings.
Evidence challenging the case
- Operating margin changed -3.3 percentage points in the latest annual period.
- Net margin changed -1.5 percentage points in the latest annual period.
- Diluted shares increased 2.9% in the latest annual period.
- Product pipeline and R&D has repeated adverse evidence across 3 filings.
Questions before a position
No credible peer-relative valuation comparison is available yet.
Longer-term price context
Price as of Sep 11, 2026
29.076m+35.6%12m+26.8%24m—
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$113.8M+13.5%$0.02+5.2%
2022-12-31$120.6M+5.9%$-1.00-0.3%
2023-12-31$97.4M-19.2%$-0.51+1.3%
2024-12-31$106.9M+9.8%$-0.37+0.5%
2025-12-31$109.6M+2.5%$-0.44+2.9%
What management says matters
Persistent and emerging business drivers
Product pipeline and R&Dnegative · 3 filings
“We anticipate that our research and development expenses will continue to increase in 2026 due to higher currency exchange expenses.”10-K · Feb 27, 2026 ↗
Foreign exchangenegative · 2 filings
“The net increase for the first quarter of 2026 principally reflected higher salaries and employee-related costs, mainly associated with higher currency exchange expenses as a result of the devaluation of the U.S.”10-Q · May 11, 2026 ↗
Tariffs and trade policypositive · 2 filings
“Accordingly, while we do not currently expect our IP solutions will themselves be subject to tariffs, the indirect impact on consumer demand, among other factors, increased the uncertainty about the year.”10-Q · Nov 10, 2025 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 6.4× · EV/sales 6.1×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
29.07+4.2% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for CEVA. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for CEVA. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind CEVA
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
AVGOBroadcom Inc.partnerFeb 27, 2026 ▾
“Our publicly announced licensees include companies such as Actions, Ambiq, ASPEED, ASR Microelectronics, Atmosic, Beken, Bestechnic, boAt, Broadcom, Ceragon, Cirrus Logic, Espressif Systems, ESWIN, Fujifilm, Rockchip, Goodix, Hisense, iCatch Technology, iCOM,…”
MCHPMicrochip Technology IncorporatedpartnerMay 11, 2026 ▾
“Recent agreements include Microchip’s portfolio license win for our NeuPro-M and NeuPro-Nano family of NPUs.”
Depended on by
SVCOSilvaco Group, Inc.competitorMar 12, 2026 ▾
“We also compete with other tools providers, customers with their own EDA capabilities and other IP companies, including Keysight Technologies, Inc., Schrödinger, Inc., CEVA, Inc., Zuken Ltd., Huada Empyrean, M31 and Primarius Technologies.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 9 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
CEVA is currently a Participant in the organic co-movement group Technology Tilt. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
This group is retained as the last observed read for CEVA; it is not active in the latest market snapshot.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.